SC halts Rs 317 cr tax demand against Antrix CorporationThe Supreme Court has put a hold on the Karnataka tax department's demand of over Rs 317 crore in VAT arrears from Antrix Corporation, ISRO...
13 Jun, 2025, 09.23 PM IST
Cap gains of NRIs on mutual fund units can’t be taxed in India: ITATThe Mumbai ITAT ruled that an NRI from Singapore is not liable to pay tax in India on ₹1.35 crore short-term capital gains from mutual fund...
13 Apr, 2025, 05.22 PM IST
28% GST on online gaming could boost revenue collection tenfoldHowever, the industry claims the move threatens to make the $20 billion online gaming sector unviable.
17 Jul, 2023, 06.30 AM IST
Online gaming companies say only illegal platforms will gain from 28% GSTThe government's decision to impose a 28% GST on the full face value of online gaming could result in users migrating to illegal gambling a...
11 Jul, 2023, 11.03 PM IST
Online gaming companies say 28% GST to hit their businessThe All India Gaming Federation (AIGF), which represents companies like Nazara, GamesKraft, Zupee and Winzo, said the decision by the counc...
11 Jul, 2023, 10.08 PM IST
28% GST on online gaming 'unconstitutional, irrational, egregious', says industryThe 50th GST Council has announced its decision to levy a 28% GST on online gaming, along with horse racing and casinos which comes as a dr...
11 Jul, 2023, 09.28 PM IST
Budget 2022: Government continues its campaign to promote GIFT IFSCBudget 2022 proposals continue to further incentivise business and investments in GIFT, taking it a step closer to becoming a destination t...
02 Feb, 2022, 02.12 PM IST
Can India go back to a wealth tax by appealing to the better side of the rich?“In theory, India employs several mechanisms that are aimed at taxing the rich. These include a progressive income tax rate structure, tax ...
22 Jan, 2022, 01.36 PM IST
Ex-CBDT chief PC Mody takes over as new Rajya Sabha secretary-generalBorn on September 1, 1959, Mody has almost 40 years of long experience for handling various posts in Government of India including Chairman...
13 Nov, 2021, 10.43 AM IST
ITAT wants Volkswagen to pay taxes for a six-year-old deal with Nicolas CageSix years later a tax tribunal has ruled that the payment of $440,000 by Volkswagen Finance, a Volkswagen arm in India, for the celebrity a...
23 Mar, 2020, 08.47 AM IST
Moving towards a simplified tax regimeThe government has been working towards plugging loopholes in the domestic tax laws and moving towards a simpler tax regime.
15 Jan, 2017, 12.13 AM IST
Government may abolish place of effective management taxPOEM was first introduced in Budget 2015 with effect from April 1 of the same year. However, as only draft guidelines were in place, Budget...
04 Jan, 2017, 11.03 AM IST
Arbitration not best way to settle tax disputes: Anita Kapur, CBDT chiefAnita Kapur said that arbitration is not the best way to resolve tax disputes, stressing that the Indian legal system is fair enough to dea...
13 Oct, 2015, 04.14 PM IST
MAT on FPIs: It's a bleak past but bright future?The Government is mulling expansion of the scope of exclusions from MAT as provided in the Finance Bill, 2015.
28 Apr, 2015, 08.31 AM IST
Better intellectual property values luring Indian startups abroadMajor Indian startups are incorporating outside as global investors seem to value companies with patents overseas much higher.
10 Apr, 2015, 02.46 AM IST
Assocham against government disclosing names of black money holders"If names are placed in public domain and those named finally do not get convicted, there would be immense damage to their reputation," it ...
26 Oct, 2014, 01.19 PM IST
Interpretation of tax laws in India 'main problem': S H KapadiaS H Kapadia also said that there should be clear distinction between rules and standards when it comes to tax matters.
16 May, 2013, 04.14 PM IST